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November 9, 2009

Tax allocations up from last year for Athens

From Staff Reports

The City of Athens finished slightly above 2008 sales tax allocations in October according to figures released Friday by State Comptroller Susan Combs.

The allocation figures for Athens and most Henderson County municipalities were significantly better than the state statistics. Athens’ allocation was $420,214, up .6 percent from 2008. The total from the 15 cities in the county was $875,477. Combs reported that the state collected $1.52 billion in sales tax revenue in October, down 12.8 percent compared to October 2008.

“Declining sales tax collections, which began in February, have continued with October’s collections,” Combs said. “Tax collections are down in major sectors of the economy, including retail trade, oil and natural gas and construction.”

Combs sent Texas cities $342.6 million in sales tax allocations, down 8.3 percent compared to November 2008. So far this calendar year, city sales tax allocations are down 4.2 percent compared to the same time period last year. Texas counties received November sales tax allocations of $28.2 million, down 14.5 percent compared to one year ago. For the calendar year-to-date, county sales tax allocations are running 3.7 percent below 2008 revenues.

Athens 7.53 percent below 2008 in year-to-date allocations. The city has received $3,927,340 compared with $4,247,603 a year ago.

November sales tax allocations to local governments represent September sales reported to the Comptroller in October by monthly tax filers and July, August and September sales reported to the Comptroller in October by quarterly tax filers.

The Comptroller’s next local sales tax allocation will be made on Friday, Dec. 11.

City sales tax allocations for August of 2009 are shown in numbers of dollars, followed by percentage increase or decrease are shown:

• Athens, 420,214 (.6 percent)

• Berryville, 931 (-5.37 percent)

• Brownsboro, 11,108 (-13.75 percent)

• Caney City, 3,630 (-15.81 percent)

• Chandler, 44,921 (.24 percent)

• Coffee City, 22,702 (26.70 percent)

• Eustace, 6,310 (-1.87 percent)

• Gun Barrel City, 267,611.68 (-2.63 percent)

• Log Cabin, 2,567 (639.81 percent)

• Malakoff, 28,600 (6.38 percent)

• Murchison, 2,934 (-26.60)

• Payne Springs, 5,546 ( -3.01 percent)

• Poynor, 1,417 (-27.10 percent)

• Seven Points, 42,187 (3.10 percent)

• Tool 6,054 ( -1027 percent)

• Trinidad, 8,736 (4.07 percent)

• County total, 875,477 (.24 percent)

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